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Year 11 Exam  >  Year 11 Tests  >  Economics for GCSE/IGCSE  >  Test: The Role of Government - Year 11 MCQ

Test: The Role of Government - Year 11 MCQ


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10 Questions MCQ Test Economics for GCSE/IGCSE - Test: The Role of Government

Test: The Role of Government for Year 11 2024 is part of Economics for GCSE/IGCSE preparation. The Test: The Role of Government questions and answers have been prepared according to the Year 11 exam syllabus.The Test: The Role of Government MCQs are made for Year 11 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: The Role of Government below.
Solutions of Test: The Role of Government questions in English are available as part of our Economics for GCSE/IGCSE for Year 11 & Test: The Role of Government solutions in Hindi for Economics for GCSE/IGCSE course. Download more important topics, notes, lectures and mock test series for Year 11 Exam by signing up for free. Attempt Test: The Role of Government | 10 questions in 20 minutes | Mock test for Year 11 preparation | Free important questions MCQ to study Economics for GCSE/IGCSE for Year 11 Exam | Download free PDF with solutions
Test: The Role of Government - Question 1
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What are the three distinct levels of government intervention in a mixed economy?

Detailed Solution for Test: The Role of Government - Question 1
Government intervention in a mixed economy occurs at local, national (macroeconomic), and international levels to regulate economic activities and ensure stability.
Test: The Role of Government - Question 2
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Why is government intervention necessary in a mixed economy?

Detailed Solution for Test: The Role of Government - Question 2
Government intervention aims to ensure fair competition among businesses, prevent monopolies, and protect consumers' interests.
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Test: The Role of Government - Question 3
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At which level does government intervention focus on managing overall economic growth and stability?

Detailed Solution for Test: The Role of Government - Question 3
National (macroeconomic) intervention focuses on managing economic growth, controlling inflation, and regulating unemployment rates.
Test: The Role of Government - Question 4
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What is an example of local government intervention in a mixed economy?
Detailed Solution for Test: The Role of Government - Question 4
Local government intervention includes implementing zoning laws, managing local infrastructure, and overseeing urban planning.
Test: The Role of Government - Question 5
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How does international government intervention impact a mixed economy?
Detailed Solution for Test: The Role of Government - Question 5
International government intervention involves regulating global trade agreements, tariffs, and international economic policies to promote fair trade practices.
Test: The Role of Government - Question 6
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What role does national (macroeconomic) intervention play in a mixed economy during a recession?
Detailed Solution for Test: The Role of Government - Question 6
During a recession, national (macroeconomic) intervention may involve decreasing interest rates to stimulate economic activity and encourage borrowing.
Test: The Role of Government - Question 7
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Why do governments intervene at the local level in a mixed economy?
Detailed Solution for Test: The Role of Government - Question 7
Local government intervention regulates local businesses, ensures compliance with environmental standards, and supports community development initiatives.
Test: The Role of Government - Question 8
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What impact does government intervention have on income inequality in a mixed economy?
Detailed Solution for Test: The Role of Government - Question 8
Government intervention aims to reduce income inequality by implementing progressive taxation, social welfare programs, and promoting equal opportunities.
Test: The Role of Government - Question 9
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How does national (macroeconomic) intervention influence unemployment rates in a mixed economy?
Detailed Solution for Test: The Role of Government - Question 9
National (macroeconomic) intervention can impact unemployment rates by implementing fiscal policies, such as decreasing interest rates to encourage job creation and consumer spending.
Test: The Role of Government - Question 10
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What is the primary goal of international government intervention in a mixed economy?
Detailed Solution for Test: The Role of Government - Question 10
International government intervention aims to promote global competitiveness by regulating trade policies, promoting fair competition, and ensuring compliance with international standards.
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